Dudley Hill Golf Club's market-to-book ratio is currently 2.4 times and the PE ratio is 6.70 times. If Dudley Hill Golf Club's common stock is currently selling at $21.25 per share, what is the book value per share?

$8.85 per share

Explanation:

In this question, we are asked to calculate the book value per share.  We can do this by using a mathematical formula.

Mathematically, Market to Book Ratio = Market Price Per Share/Book Value Per Share

According to the values given in the question, the market per book ratio is 2.4 while the market price per share is $21.25

Rearranging the formula, the book value per share = Market price per share/Market to book ratio = 21.25/2.4 = $8.85 per share

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!